Chris Bryant / Bloomberg: SoftBank’s $5.4 billion purchase of ABB’s robotics unit is another setback for Europe, which risks losing…
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- Sources: Software private equity firm Hg agrees to acquire Rightsline, whose software helps Disney, BBC, WBD and others manage IP licensing, for $500 million (Financial Times)
- Samsung’s largest union approves a wage deal that would give chip workers an average bonus of about $340,000, with about 74% of members voting in favor, avoiding a strike (Yoolim Lee/Bloomberg)
- Trump let the truth slip while claiming he is in perfect health
- OpenAI hires ServiceNow CMO Colin Fleming as CMO for its business segment; he succeeds Kate Rouch, who resigned earlier this year to focus on her health (Trishla Ostwal/Adweek)
- Micron hit a market value of $1 trillion for the first time on Tuesday as shares jumped 19%, driven by demand for its memory chips in the AI race (Samantha Subin/CNBC)
- AutoZone stock on track for worst trading day since May 2022
- Nvidia officially retires its GeForce Control Panel application after 20 years, following the porting of all its major features to the Nvidia application (Tom Warren/The Verge)
- China’s new Type 054B frigate joins Liaoning Carrier Group for the first time in the Western Pacific – The Diplomat
